- CEO
- Evan Price
- Full Time Employees
- 24
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Address
- 2300 Jean-Perrin Street Quebec City QC Canada G2C 1T9
- IPO Date
- Sep 21, 2009
- Business
- CO2 Solutions Inc. develops and commercializes proprietary enzyme-enabled technologies for the efficient capture of carbon dioxide from industrial flue gases, targeting post-combustion applications in power plants, pulp and paper mills, oil sands, cement production, and other high-emission sources; its core offerings include carbonic anhydrase enzyme-based systems that enhance low-energy amine, amino-acid, and carbonate solvents for CO2 absorption and regeneration, enabling sequestration, utilization in enhanced oil recovery, beverage carbonation, greenhouses, and water treatment, as well as engineering services for integrated carbon capture solutions through collaborations such as with Hatch Ltd. Founded in 1997 and headquartered at 2300 Jean-Perrin Street in Quebec City, Canada, the company operates primarily in Canada, the United States, and Europe, serving energy, industrial, and climate mitigation sectors with a focus on reducing the cost barrier to carbon capture, sequestration, and utilization. In January 2020, Saipem acquired its proprietary CO2 capture technology, marking a significant asset sale that advanced the commercialization of its enzyme innovations through integration into global engineering projects; earlier efforts included the deployment of its first commercial CO2 capture unit at the Saint-Félicien pulp mill in partnership with Fibrek General Partnership and Serres Toundra Inc., supported by government grants exceeding $10 million for projects like Valorisation Carbone Québec, alongside receipt of federal funding in 2015 for testing rotating packed bed enhancements.